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By November 2022, Direct Energy's residential monthly regulated rate option (RRO) increased to 17.597 cents/kWh from 10.483 cents in November 2021, while the Enmax RRO increased 10.66 to 18.245 cents from the same time period. [14] Prices reach record highs in December with predictions of even higher prices in early 2023. [16]
Under the electricity price cap that had regulated electricity rates introduced by the NDP, consumers who had the regulated rate option (RRO) with the regulated rate option (RRO) paid a maximum of 6.8 cents per kWh. [5] Since 2018, electricity rates in Alberta have been steadily climbing. [5]
After consumers complained about high prices in 2000, the government implemented a Regulated Rate Option (RRO), as a means to shield consumers from price volatility. [2] The generation sector in Alberta is dominated by TransAlta, ENMAX, and Capital Power Corporation, a spin-off of Edmonton's municipally owned company EPCOR.
But between logging and fires, 95% of California's redwoods have been destroyed. Over the past decade, the Yurok have been helping restore the land. Another forgotten jewel of the ecosystem is salmon.
Enmax, headquartered in Calgary, Alberta, is a private corporation and The City of Calgary is its sole shareholder.. According to their 2022 Financial Report, in 2022, ENMAX generated net earnings of $296 million and declared a dividend to The City of Calgary in the amount of $82 million. [1]
Take a trip down memory lane with by looking at these incredible photos of Christmas window displays from the last 100 years,
California’s economy grew at a healthy 3.1% rate from the end of 2022 until the end of 2023, the federal Bureau of Economic Analysis said. There was job growth in some areas.
The Alberta Energy Regulator (AER) is a quasi-judicial, independent agency regulating the development of energy resources in Alberta. Headquartered in Calgary, Alberta, the AER's mandate under the Responsible Energy Development Act (REDA) is "to provide for the efficient, safe, orderly and environmentally responsible development of energy resources and mineral resources in Alberta.” [1]